Videos
How to Assess Retirement Readiness: Tools and Strategies
Watch this webinar to learn tips, strategies, and tools for assessing your retirement readiness and planning contributions.
Are you a plan participant, employer or sponsor?
Sign up for online access here. Please make sure to use a phone number that can receive text messages for multi-factor authentication.
Did you take a distribution in the prior year?
A blackout period is a period of three or more consecutive business days where participants cannot make election investment changes, take distributions or obtain loans.
Is your plan in a blackout period?
Did you receive any of these messages?
Some of the most common reasons this error occurs include:
Please also ensure you are utilizing the below link when logging in: https://ww2.slavic401k.com/account/sign-in/
If none of these troubleshooting tips fix the problem, you can reset your user name and password here. Please contact us at (800) 356-3009 if you need further assistance.
Employers can log in to their plan here.
What are you looking for?
For General Information:
If you would like to change your investment allocations, you may do so online by completing the steps below:
Please Note:
This will not change your current assets; this is only for changing where you allocate your future contributions. If you would also like your current assets to move into your new investment allocation you must select yes on the transfer section.
If the request occurs before 4 p.m. ET,
our team will begin processing it the same day.
If the request occurs after 4 p.m. ET,
our team will begin processing it the following day. Please allow us 1-2 business days to complete the request.
Would you like to request a new distribution or get information on an existing one?
Are you currently employed by the company and payroll provider that provided your 401(k)?
Are you age 59 ½ or older?
You can view the status of your distribution request by following the steps below:
Please be aware that distribution requests take 10-15 business days for processing and additional 1-3 business days to receive the funds electronically, or 7-10 business days to receive the funds via standard mail. Overnight mailing is available for an additional fee and is subject to a one-day delay if the distribution is a large amount.
Do any of these hardship reasons apply to you?
You meet the initial IRS qualifications for hardship. Please follow the instructions below to apply.
Please be aware that hardship requests take 7-10 business days for processing and additional 1-3 business days to receive the funds electronically, or 7-10 business days to receive the funds via standard mail. Overnight mailing is available for an additional fee and is subject to a one-day delay if the distribution is a large amount.
Unfortunately, you do not meet the IRS requirements for a hardship distribution. However, you may qualify for a loan from your 401(k).
If you do not qualify for a hardship or a standard distribution, you can apply for a loan from your 401(k).
Are you currently employed by the company who provided your 401(k)?
You meet the initial IRS qualifications for a loan. You must also have a minimum account balance of $2,000 and take a loan of $1,000 to qualify. Please follow the instructions below to apply.
Please be aware that loan requests take 7-10 business days for processing and additional 1-3 business days to receive the funds electronically, or 7-10 business days to receive the funds via standard mail. Overnight mailing is available for an additional fee and is subject to a one-day delay if the distribution is a large amount.
You do not meet the initial IRS qualifications for a loan from your 401(k). However, you may be eligible to take a distribution or rollover. Please watch this video on how to make a distribution/rollover request online.
What would you like to do?
Please follow these instructions:
Once received, please allow 7-10 business days for processing to complete. You may verify processing has completed by viewing Transaction History underneath the Manage heading within your online account.
Open an account with SlavicIRA here. Once the account has been opened, you may transfer your old 401(k) funds into the IRA.
You will be asked to complete the following steps:
To protect your retirement savings, many recordkeepers will only process distributions via check.
Once the money arrives in your account, you will receive an email prompting you to login and customize your investments.
Are your assets leaving or merging into Slavic401k?
Please contact us at (800) 356-3009 for further assistance.
You have access to all plan forms online. Follow these steps to access them:
Please Note:
Some of the forms have online processes that may be accessed in your participant portal.
A Multiple Employer Plan levels the playing field between small and medium-sized businesses and large corporations, and allows for equality in retirement savings solutions for their employees. The main benefits of an MEP come from harnessing the power of many. With multiple employer plans, the employers benefit from pooled plan provider resources – leading to shared costs and reduced fiduciary liability, providing economical access to superior fund lineups while minimizing fiduciary and administrative burden.
MEPs also help smaller employers attract and retain top talent they may otherwise lose to an employer who can offer a more competitive benefits package.
A standalone Single Employer Plan (SEP) is a traditional 401(k) plan adopted by one employer. While standalone plans are a great retirement savings plan option for many companies due to their customization and flexibility, they can sometimes be more costly and time consuming, depending on many factors that are at the employer’s discretion.
SEPs typically work well with larger employers or employers who have a need for complex plan designs that allow different benefit structures for different groups of employees, or employers who have formally merged plans with protected benefits. Single Employer Plans offer businesses maximum flexibility for businesses with more complex needs.
A Pooled Employer Plan (PEP) is a 401(k) solution where many different companies—ranging from small businesses to larger entities—participate in a master plan, while still maintaining plan customization offering a tailored retirement strategy at the adopting employer level. There is no need to have a common “nexus” as there is in a Multiple Employer Plan (MEP), which broadens the scope for any participating employer.
The PEP approach not only fosters a community of financial security but also reduces the administrative burden, making it a valuable retirement planning vehicle for businesses of all sizes.
IRAs are accounts held by a financial institution that an individual can use to save money for retirement – by investing in things like stocks, bonds, and real estate property. These tax-deferred accounts come in different varieties such as: Traditional IRA, Roth IRA, Rollover IRA, and more.
Traditional IRAs allow you to make pre-tax contributions up to the annual limit determined by the Internal Revenue Service (IRS). The contributions made into the account may be fully or partially deductible on a tax return, depending on factors such as annual income and filing status. With this account, the owner won’t pay income taxes until the funds are withdrawn.
Similar in structure, a Roth IRA offers tax benefits for account owners. Because investments are taxed up-front, the account grows tax-free until the owner is ready to withdraw them in retirement.
Because many IRAs and 401(k) plans have similar structures, there are some pros and cons for each that you should note to help you make the right financial decision.
Watch this webinar to learn tips, strategies, and tools for assessing your retirement readiness and planning contributions.
Starting January 1, 2025, 401(k) automatic enrollment will be mandatory for all new plans. Watch this webinar to learn what this means.
Secure 2.0 mandates Automatic Enrollment in retirement plans, boosting access and participation. We explore the logistics for employers.
Watch this webinar to learn 401(k) investment basics and choose the right funds.
Watch the Slavic401k portal overview and learn how to easily enroll, navigate the dashboard, manage your investments and more.
Distributions 101: In this webinar we share expert advice on distribution rules, 401(k) loans, hardship withdrawals, and rollover strategies.
Advisory services provided by Slavic Mutual Funds Management Corporation, an SEC-registered investment adviser. Registration does not imply a certain level of skill or training on the part of SMF or its representatives. Administration and record-keeping services are offered through Slavic Integrated Administration. Both entities are collectively referred to as “Slavic401k.”
No content published throughout this site should be considered by the reader to constitute any type of investment advice. It is not the intention of Slavic401k nor should the reader assume that any reference herein to any particular investment, asset mix, security, portfolio of securities, transaction or investment strategy should be construed as investment advice. To the extent any of the content published as part of the Services may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. No chart, graph, or other figure provided should be used to determine which securities to buy or sell. Any specific questions that you might have concerning your individual investment decisions should be addressed to your personal investment advisor. Moreover, nothing herein should be considered as legal or tax advice. If you have any questions or concerns relative thereto, you should consult a qualified professional.
For more details on Slavic Mutual Funds Management Corporation, see our About Us page. Past performance does not guarantee future results, and the likelihood of investment outcomes are hypothetical in nature. Neither diversification nor asset allocation ensure a profit or guarantee against a loss.
